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Busy Profitable Restaurant In David For Sale

David, Panama
Asking Price:
$145,000 (USD)
Sales Revenue:
$275,000 (USD)
Cash Flow:
$65,000 (USD)

Gross sales -- $250,000 -- $300,000 per annum

Net income -- $60,000 -- $70,000

Excellent reputation -- open 4 years

Seats 120

Serves mainly pizza, pasta, steak

2 years left on lease -- can be extended another 3-5 years before sale closes

Owner is 62 and wishes to retire

Property Information

Location:

David Panama

Premises Details:

leased, approximately 2000 sq. feet

Planning Consent:

fully licensed

Business Operation

Expansion Potential:

sales can be increased, but space cannot

Competition / Market:

this restaurant serves gormet pizza. the only competition is Dominoes and Pizza Hut which sell mass market pizza.

Reasons for selling:

owner is 62 and wishes to retire

Trading hours:

lunch and dinner

Employees:
8
Years established:
4

Other Information

Support & training:

owner will stay 3-4 months to train purchaser

Financing available:

no

Related Documents:

Contact Chiriui Coastal Real Estate

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